Is Clay Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clay Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Clay Township has remained a Seller's Market.

Key Takeaway

Clay Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clay Township, IN

How much do homes in Clay Township, IN cost?

Median Sold Price

$300,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$60,000(-16.7%)

Key Takeaway

Homes in Clay Township have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Clay Township was $300,000 in August 2024, down 16.7% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $184K-
N/A
3 $214.9K$237K
+10.3%
4 $357.9K$300K
-16.2%
5+ $435K$290K
-33.3%

Summary: Clay Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Kokomo
+28.5%
Center Township
+10.0%
Clay Township
-16.7%

Housing Supply in Clay Township, IN

How many homes are available in Clay Township, IN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
36+100.0%

Summary: The Clay Township real estate market had 6 homes for sale in August 2024, a 100.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Clay Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clay Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Clay Township in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Clay Township, IN

How long does it take to sell a home in Clay Township, IN?

Average Sale Time

Aug 2023Aug 2024CHANGE
20 Days8 Days-60.0%

Summary: Homes in Clay Township had an average of 8 days on market in Aug 2024, down by 60% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clay Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 4 homes were sold in Clay Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Clay Township, IN

Nearby Markets to Clay Township, IN

What housing markets are near Clay Township, IN?